Microtek Laboratories Announces Acquisition of the Micronal Product
Line from BASF

May 17, 2017 09:00 AM Eastern Daylight Time

DAYTON, Ohio--(EON: Enhanced Online News)--Microtek Laboratories, Inc., a global leader in the microencapsulated
phase change industry, today announced it has signed a contract with
BASF for their Micronal® brand and product line, as well as, a
world-wide exclusive license for the manufacture of Micronal
microencapsulated phase change materials. Microencapsulated Phase Change
Materials (PCMs) are widely used for thermal regulation in building and
construction, mattresses and pillows, textiles, electronics, and
packaging applications.

“This is great addition to Microtek’s product line, creating a real
advantage for customers who already have a defined manufacturing/coating
process requiring a specific type of phase change product in their
formulation”

Micronal is an important strategic acquisition for Microtek, which will
strengthen and enhance Microtek’s product offerings to customers.
Micronal PCM products meet the highest industry standards, including RAL
certification. By adding the Micronal product suite to the existing
microencapsulated PCM product line, Microtek will be able to offer the
largest selection of microencapsulated PCM products in the world.
Regardless of the manufacturing process or the final application,
Microtek has the right product.

“This is great addition to Microtek’s product line, creating a real
advantage for customers who already have a defined manufacturing/coating
process requiring a specific type of phase change product in their
formulation,” said Microtek’s Chief Strategy Officer Randall Lane.
“Microtek’s mission has always been to provide innovative solutions to
enhance product performance for our customers. Adding Micronal to the
product line allows Microtek to remain the world leader in
microencapsulated PCM products,” states Lane.

The Micronal product line consists of its six major products ranging
from 23°C to 28°C which are offered in both liquid and dry powder forms.
BASF’s current customer base for these products will be handled by
Microtek’s sales force and the manufacturing of the products will be
transitioned over to Microtek’s production facility in the U.S. by the
end of 2017. Microtek has taken ownership of all BASF inventory of these
products and will begin working with customers on May 23rd.
Microtek is committed to ensuring that existing BASF customers
experience a seamless transition to Microtek.

About Microtek

Microtek is a privately held company located in Dayton, OH and has been
providing leading-edge encapsulation technologies and products for our
customers for nearly 35 years. Microtek participates in several markets
including smart coatings via self-healing technology, agricultural,
foods & flavors, gas & oil, fragrance and encapsulated phase change
material. Further information at www.microteklabs.com